Broadcom Q4 Sales Guidance Misses, Shares Fall 4% After Hours

TREE NEWS reports: Broadcom (AVGO) reported fiscal Q3 adjusted net revenue of $29.59 billion, beating the $29.45 billion estimate, with semiconductor solutions revenue at $20.84 billion and AI semiconductor revenue at $16.7 billion, both above expectations. However, the company guided Q4 revenue to approximately $34.8 billion, below the $35.05 billion consensus, sending shares down 4% in after-hours trading.